Business,Front Page

DRC, Labour Dept. sign MOU to implement single window for business registration

Views - 170 Friday, 9 February 2018 00:00

A Memorandum of Understanding (MOU) was been signed between the Department of the Registrar of Companies


UNFPA Goodwill Ambassador Ashley Judd visits MAS Holdings

Views - 88 Friday, 9 February 2018 00:00

Award-winning Hollywood actress, writer, and The United Nations Population Fund (UNFPA) Goodwill Ambassador


Reactivation of Myliddy Fishery Harbour in Northern Province under reconciliation initiative

Views - 28 Friday, 9 February 2018 00:00

In the 1980s Myliddy Fisheries Harbour in Jaffna was one of the major fishery harbours in the country that contributed significantly


Court issues interim order preventing Idris Shabir from disposing assets of late Dr. Shabbir Abbas G

Views - 149 Friday, 9 February 2018 00:00

The additional District Judge of Colombo Chamath Madanayake issued an interim order restraining the Respondent


New Zealand trade delegation to arrive in Sri Lanka early April

Views - 59 Friday, 9 February 2018 00:00

Consul General and Trade Commissioner for New Zealand Trade and Enterprise, Ralph Hays along with a team from Mumbai paid a courtesy


High powered Japanese biz delegation visits Sri Lanka, expresses confidence in investment climate

Views - 41 Friday, 9 February 2018 00:00

A delegation of 59 Chairmen, Chief Executive Officers and leading officials of some of the largest, most important and best known Japanese


Strong agri, consumer goods sector performances boost Sunshine Group profits by 23%

Views - 63 Friday, 9 February 2018 00:00

Fueled by strong growth in its health, consumer and agri-business sectors, diversified Sri Lankan conglomerate Sunshine


3Q rebound at Expolanka but 9-month result down

Views - 21 Friday, 9 February 2018 00:00

Expolanka Holdings Plc has seen a rebound in its bottom line during the third quarter though its nine-month performance was down with two difficult quarters previously.


Harvard economist calls for tariff reforms to increase exports

Views - 140 Friday, 9 February 2018 00:00

Making a compelling case against tariff regimes, renowned Harvard economist Dr. Robert Lawrence yesterday called for a simpler


EDB, SLGJA partner to attract innovative jewellery design talent

Views - 127 Thursday, 8 February 2018 00:36

Sri Lanka Export Development Board (EDB) and Sri Lanka Gem and Jewellery Association (SLGJA) in collaboration with Academy of Design (AOD) launched a One Year Diploma in Jewellery Designing to develop the jewellery designer pool by attracting young a


3-day intl. conference on apparel industry way forward kicks off in Colombo

Views - 181 Thursday, 8 February 2018 00:36

By Shannon Jayawardena A three-day international conference on the apparel industry, kicked off in Colombo yesterday, addressed the industry’s challenges and way forward through innovation and digitalisation. Through the years, productivity improve


Ceylon Chamber seminar on Sri Lanka-Singapore FTA on 16 Feb.

Views - 60 Thursday, 8 February 2018 00:33

In light of the new Free Trade Agreement (FTA) signed last month, which is the first FTA Sri Lanka has signed in over a decade, the Ceylon Chamber of Commerce will hold a seminar titled ‘Expand your Business Opportunities Through Sri Lanka-Singapor


Interim orders against Ascot Leisure-Fairway deal

Views - 106 Thursday, 8 February 2018 00:13

The Commercial High Court has issued several interim orders against the deal struck between Ascot Leisure Ltd., and Fairway Holdings Ltd., following shareholder action. In a disclosure to the CSE, Ascot Holdings PLC said the Company and its subsidiar


British PM appoints trade envoy for Sri Lanka

Views - 39 Thursday, 8 February 2018 00:13

British Prime Minister Theresa May has appointed MP Ranil Jayawardena as her trade envoy for Sri Lanka. Jayawardena’s role as trade envoy will be to support and enhance the development of Britain’s trade and investment with Sri Lanka. The Prime


Tess Agro goes for Rs. 59 m Rights

Views - 47 Thursday, 8 February 2018 00:12

Tess Agro PLC has announced a Rights Issue to raise Rs. 59 million to part settle the bank borrowings and finance working capital. The Company’s Board has resolved to issue 70 million voting shares at Re. 80 cents each and 10 million non-voting sha


Pee Bee Group among Asia’s Greatest Brands and Leaders

Views - 64 Wednesday, 7 February 2018 00:00

Pee Bee Management Services Ltd., manufacturer and owner of the household brand Flora Tissues, very recently was awarded Asia’s Greatest Brand including the company’s


Hayleys Puritas Sathdiyawara wins global award for water at Energy Globe World Awards 2017

Views - 39 Wednesday, 7 February 2018 00:00

Puritas, a subsidiary of Haycarb Group and a member of Hayleys PLC, was announced the World Winner in the category of Water - for its acclaimed Hayleys’


Report on Meethotamulla disaster handed over to President

Views - 42 Wednesday, 7 February 2018 00:00

The Presidential Commission appointed to investigate the causes of the Meethotamulla disaster handed over its report to President Maithripala Sirisena yesterday.


KTI inks deal with Faber-Castell India to bring world’s most preferred stationery

Views - 34 Wednesday, 7 February 2018 00:00

Kiddies & Toys International (KTI), the leading distributor of premium mother and childcare brands, with a view of providing families with access to the very latest premium


Sri Lanka Pakistan Business Council promotes greater bilateral ties

Views - 143 Wednesday, 7 February 2018 00:00

The Sri Lanka Pakistan Business Council recently hosted a meeting with a team from Pakistan, under the leadership of Minister Mohammad Pervaiz Malik, Federation Minister for Commerce and Textile, Government of Pakistan.


AmCham hosts Business Breakfast with Stephen Renna from US Department of Commerce

Views - 27 Wednesday, 7 February 2018 00:00

Stephen Renna, Director, Advocacy Center, US Department of Commerce, International Trade Administration will meet with members of the American Chamber of Commerce in Sri Lanka this Friday.


Tellippalai Base Hospital gets Rs. 70 m worth of medical equipment under reconciliation program

Views - 20 Wednesday, 7 February 2018 00:00

Under reconciliation intervention program of the Ministry of National Integration and Reconciliation, the Tellippalai Base Hospital in Jaffna district was strengthened with modern medical equipment to the value of Rs. 70 million.


Industrial Excellence Awards 2017 on Friday

Views - 40 Tuesday, 6 February 2018 00:00

The 11th ‘Industrial Excellence Award 2017’ will be held on Friday 9 February, at 6:30 p.m. at the Liberty Ballroom of Ramada Colombo. The Chief Guest will be Dr. Indrajith Coomaraswamy, Governor of the Central Bank of Sri Lanka. The Chamber hol


International Conference on Apparel Industry in Colombo 7-9 February

Views - 142 Tuesday, 6 February 2018 00:00

Globally, 60 million people are employed in the apparel industry, with around 15 million employed (largely women) in factories located in Bangladesh, Cambodia, China, India, Myanmar, Pakistan, Sri Lanka and Vietnam. Asian manufacturers supply a very


Highlights of Sri Lanka-Singapore FTA which makes watershed in Sri Lankan economy

Views - 414 Tuesday, 6 February 2018 00:00

On 23 January, Sri Lanka marked a significant watershed in the development of its economy when it signed a Free Trade Agreement (FTA) with Singapore after 18 months of negotiations between the trade negotiation teams of both countries. It was a ‘gi


Sri Lanka Law College to host country’s first ever International Arbitration Moot Court in April

Views - 167 Tuesday, 6 February 2018 00:00

Established in 1874, Sri Lanka Law College is the only institution which offers a complete course of study leading to examinations for those desiring to be enrolled in the bar of Sri Lanka. Among many of the student-run unions and societies within La


Dart Global Logistics Group starts work on modern centre at Muturajawela

Views - 119 Tuesday, 6 February 2018 00:00

Logicentrix Ltd., a fully owned subsidiary of Dart Global Logistics Ltd., has ventured into the development of a state-of-the-art Logistics Centre at Muturajawela Logistics Park. The foundation stone was laid on 29 January by the Group Managing Direc


Southeast Asia’s top drug maker eyes Sri Lanka, Mideast expansion

Views - 57 Monday, 5 February 2018 00:00

(Bloomberg) PT Kalbe Farma, whose antacid drug Promag is a household name in Indonesia, is seeking a partner in Sri Lanka and eyeing the Middle East as a new market for its nutritional products.


Pio Marine wins Marine Excellency Award

Views - 34 Monday, 5 February 2018 00:00

Pio Marine a leading company in manufacturing boats and the leading supplier of boats to Ministry of Fisheries


CB hands over 70th Independence Day currency note to President

Views - 46 Monday, 5 February 2018 00:00

The new currency note with a face value of Rs. 1,000, issued by the Central Bank in order to commemorate the 70th Independence Day, was presented to President Maithripala Sirisena by Central Bank Governor Dr. Indrajit Coomaraswamy at the Presidential


Today's Columnists

Tamil actor Kamal Haasan stars in new role as political leader

Saturday, 24 February 2018

Srinivasan Kamal Haasan is one of India’s foremost film actors. Known popularly as Kamal, the talented and versatile thespian has not only excelled as an actor onscreen, but has successfully engaged in other cinematic spheres too. The multi-faceted


Yameen’s economic offensive to counter political adversity ahead of presidential poll

Saturday, 24 February 2018

The embattled Maldivian President Abdulla Yameen, who is facing intense political opposition both in and out of the country, hopes to win the September, 2018 presidential election using a combination of political belligerence and a strong economic pr


In the end, there was nothing

Saturday, 24 February 2018

Much more than a storm in a tea cup! To a non-discerning person, it all seemed like the final battle of the counter revolution. President Sirisena was up in smoke trying to oust Prime Minister Ranil Wickremesinghe for no articulated reason. He asked


Shouldn’t Govt. prevent parliamentary system from decay and destruction?

Friday, 23 February 2018

The wrong people teach us the best lessons. As a clever nation, we had always used our ballot and chased the wrong people


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